7, MELTON DRIVE, TAVERHAM, NORWICH, NR8 6TT - £357,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

7 MELTON DRIVE is a large detached house of 145m², built sometime between 1991 and 1995, which could now be worth an estimated £441,633. It was last sold for £357,500 in February 2020, which was around 3% above the average February 2020 detached price in the Broadland local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

7 MELTON DRIVE Sold Prices

Land registry data shows three sales for 7 MELTON DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Broadland local authority area for the corresponding sale date. All of the three 7 MELTON DRIVE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 7 FEB	£357,500	£347,518	3% above HPI
2013 8 NOV	£273,000	£251,392	9% above HPI
1995 18 MAY	£100,000	£73,701	36% above HPI

7 MELTON DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Broadland local authority area over time, sourced from the HPI. The three 7 MELTON DRIVE sales between May 1995 and February 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2013 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the February 2020 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 7 MELTON DRIVE be worth now?

7 MELTON DRIVE might now be worth an estimated £441,633.

This is based on house price inflation of 23.5%, between February 2020 and December 2024, for detached houses, in the Broadland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 23.5% inflationary increase is applied to the most recent sale price for 7 MELTON DRIVE of £357,500 on 7th February 2020. For the value to have increased from £357,500 to £441,633 over the three years and two months to December 2024, the following assumptions must hold true:

• The value of 7 MELTON DRIVE has moved in line with the HPI for detached houses in the Broadland local authority area.
• The February 2020 sale price of £357,500 represented a fair market value for the property.
• The size, condition, and specification of 7 MELTON DRIVE has not materially changed since February 2020.

How Large is 7 MELTON DRIVE?

7 MELTON DRIVE is 145m² according to the EPC inspection conducted in June 2013. This puts it in the largest 30% of detached houses houses in Taverham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Taverham, and where 7 MELTON DRIVE lies on this distribution: 79% of detached houses houses are smaller than 7 MELTON DRIVE, and 21% of houses are larger. Note that EPC data is not available for all properties in Taverham.

7 MELTON DRIVE: Plot and Title Map

7 MELTON DRIVE sits on a plot of roughly 0.120 of an acre, or 485m². The below map shows the location of 7 MELTON DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 7 MELTON DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 7 MELTON DRIVE?

7 MELTON DRIVE is located in TAVERHAM, in the NR8 postcode district. The below map shows the position of No. 7 on MELTON DRIVE.